General Motors Corp Finance unit offers US$1.46b loans
August 27, 2009, Thursday
|
Print Edition
Print Edition
GENERAL Motors Corp said its car financing unit in China has offered retail auto loans of 10 billion yuan (US$1.46 billion) by August 20 this year, a 20 percent rise from a year ago.
The GMAC-SAIC Automotive Finance Co, the nation's first car loan firm jointly set up between GMAC and SAIC Finance Co five years ago, said 50,000 retail contracts have been signed this year and that new loans reached a record high in July.
GMAC-SAIC offers both retail and wholesale car loans to as many as 810 dealers in 180 cities across the nation, who sell the various auto brands under GM and its Chinese partner.
The company said China still remains one of the important markets to global business growth.
The GMAC-SAIC Automotive Finance Co, the nation's first car loan firm jointly set up between GMAC and SAIC Finance Co five years ago, said 50,000 retail contracts have been signed this year and that new loans reached a record high in July.
GMAC-SAIC offers both retail and wholesale car loans to as many as 810 dealers in 180 cities across the nation, who sell the various auto brands under GM and its Chinese partner.
The company said China still remains one of the important markets to global business growth.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
